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Donald Trump vows to stop US aid in South Africa over land law

Editor TeamBy Editor TeamFebruary 3, 2025 Business No Comments3 Mins Read
Cyril Ramaphosa addresses supporters at a podium during a rally in Johannesburg
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Donald Trump has pledged to stop all the future US aid in South Africa over his land expropriation policies, causing a decline in Rand.

The US president claimed that recent measures enabled the government to confiscate the property unfairly and to accuse South African authorities of dealing with “certain peoples of people very bad”.

He added: “I will stop all the next funds in South Africa until a full investigation of this situation is completed!”

Trump’s comments, made on social truth, aroused a 1.6 percent decline in South African currency against the US dollar.

He later told reporters that the leadership of South Africa, which holds the G20 presidency this year, was engaged in “some terrible things, terrible things” and suggested, without providing evidence or details, that the situation was more bad than only land confiscation alone.

President Cyril Ramaphosa signed a draft law for expropriation last month that allows the land to be captured without compensation when the government believes it is “fair and fair and in the public interest”.

The legislation replaces one dating from the Apoka Apoch, during which thousands of non -white families were forcibly removed from their land for the benefit of a white minority.

Three decades in multi -agricultural democracy, about a quarter of agricultural land is owned by South Black Africans, who represent 80 percent of the population. The government aims to transfer one -third of the land to black people by 2030. The “Earth Question” remains very explosive.

In a fierce statement, Ramaphosa responded to Trump’s comments and said he was looking forward to “engaging.. On our land reform policy and issues of bilateral interest”. He noted that the new land bill of land It was a “legal process with a constitutional mandate” and that the South African government “did not confiscate any land”.

The measure has been a testing issue for the country’s 10-Pal coalition. The pro-business democratic alliance, a traditional rival of the Ramaphosa National African Congress, has said that it “strongly opposes” the new law and can challenge it in the courts.

SH.BA set aside nearly $ 440 million in aid for South Africa in 2023, the last year for which data was available. The Trump administration has banned all foreign aid for 90 days and has thrown the future of the main US international aid agency in doubt after its website has turned out dark and dozens of employees have settled on vacation.

Ramaphosa minimized Trump’s ability to cause considerable damage through the attraction of funds. With the exception of helping HIV fund funds, “there is no other important fund provided by the United States in South Africa,” his statement said.

Recommended

Elon Musk, a close ally of Trump and leader of the “Government Efficiency Department”, is originally from South Africa.

Other powerful Trump advisers had formative experiences in South Africa of apartheid, including David Sacks, who has been named his Cryptocurrency TSAR.

Peter Thiel, co -founder of billionaire Paypal and another Trump acoli, spent part of his childhood in Namibia and South Africa governed by apartheid, where his father worked for the white minority government.

In his first term, Trump said his government would investigate claims of widespread killing of white farmers. The South African government has rejected these allegations as unfounded.

Trump has previously aimed at BRICS nations, of which South Africa is a member, threatening them with 100 percent fees if they leave the US dollar as a reserve currency.

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